Few markets today are producing the kind of growth that is being seen in the cryptocurrency market (latest news) and that means there are a lot of opportunities for forward-looking investors to enjoy big gains.

But how do you tell the high value microcap offerings from the riskier ones? We recently studied the market and found 3 companies and 3 tokens that we feel deserve closer inspection.

Microcap Cryptocurrency Companies to Watch

1. HIVE Blockchain Technologies (OTC:HVBTF)

HIVE creates infrastructure solutions for the blockchain market and that is

 important because most experts today agree that infrastructure is the biggest weakness keeping blockchain apps from becoming even more popular. The current issue is

 that there are gaps in the infrastructure that exists between the blockchain and the blockchain apps. HIVE is working to fill those gaps. It is making considerable progress and carving out significant share in countries ranging from Canada to Switzerland to Sweden and more.

2. xDAI (STAKE)

   

This company features an Ethereum based blockchain and a dual-token model to deliver stable transactions. It is quickly gaining popularity in the marketplace.

3. Armor (ARMOR)

This company is beginning to draw attention from investors because it is doing something that most crypto platforms don’t do – it is insuring the money of the crypto investors who use it. The company says it is able to track user funds and thus ensure they are protected. 

3 Cryptocurrency Tokens to Watch 

1. Xenswap Network Token

On Feb. 3, this token was up 610.7% on cryptomarkettoday.com. Zenswap Network bills itself as a decentralized exchange for both digital assets as well as cryptocurrencies.

2. Silva Token

This token, which was up 274.6% on Cryptomarkettoday.com on Feb. 3 is available on several crypto exchanges including IndoEx, Finexbox and PancakeSwap (V2).

3. Stobox Utility Token

This token was up 206.2% on Cryptomarkettoday.com on Feb. 3. Stobox is committed to developing new technology to streamline securities operations, including capital raising and secondary trading.

More About Microcap Crypto Trading

Please keep in mind that microcap stocks can involve higher risk due to such factors as poor funding and a lack of detailed company information. On the other hand, a microcap company that does develop breakthrough technology can see its value skyrocket quickly.

The bottom line is to be sure to try to even the risk-reward balance as much as possible by doing your due diligence and learning as much about a company as you can before investing.

Featured image: Photo by Markus Spiske on Unsplash.